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HUAWEI TECHNOLOGIES CO., LTD.
Global Value Chains and
Development Trade rules, The Digital Economy and the
TPP
James Lockett ,Vice-President,
Head of Trade Facilitation and Market Access
Future Global Trade Regime and Investment
Seminar + E15 Japan Launch
HUAWEI TECHNOLOGIES CO., LTD. Huawei Confidential 2
Global Value Chains Don’t Care about Nationality They Care About Value.
Chengdu has 16,000 companies registered and 820 of
them are foreign-invested companies. Of these, 189
are Fortune 500 companies. Prestigeous brand names
such as Intel, Microsoft, SAP, Cisco, Oracle, BAE,
Ericsson, Nokia, SAP, Boeing, IBM and Alcatel-Lucent
etc. are all located there.
Shenzhen has managed to position itself as a key location in global supply chains across a broad swathe of manufactured products (particularly electronics and ICT) with a range of advantages as depicted in this graphic, care of McKinsey.
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Focus on The Digital Economy New players and traditional stalwarts
Even brick and mortar companies that we associate with the “traditional” economy see themselves today as internet companies .
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Focus on the Digital Economy Innovators and disruptors
The digital economy is not only difficult to define, but is also in a constant state of flux and is constantly evolving.
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International Rule-Making for the Digital Economy The five key fora where this is happening now
New rules on e-commerce New rules on encryption
and electromagnetic compatibility
New rules on cross-border supply of services
Long-overdue updating of the ITA to take into account technological developments since 1997
Ambitious market access commitments in cross-border trade in services and mode 3
E-commerce annex
Already the biggest trade relationship in the digital economy
Ambitious agreement with comprehensive market access and investment liberalization
E-commerce, NTBs, and privacy to be important issues tackled
Contemplating disciplines on e-commerce and online payments
Ambitious aims to achieve greater services market integration and more liberal investment regimes
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International Rule-Making The Trans-Pacific Partnership
Different provisions impacting the digital
economy
E-commerce chapter Rules on technical
barriers to trade and standard setting
Cross-border trade in services
Rules on regulatory coherence
Intellectual property rules
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International Rule-Making The TPP E-commerce chapter
Customs duties Non-discrimination Lawmaking
obligations Electronic
authentication and e-signatures
Online consumer protection
Protection of personal data
Paperless trading Access to internet for
e-commerce
Free flow of information
Interconnection charges
Localization of computer facilities
Spam
Cooperation on digital matters
Cooperation on Cybersecurity
Source code Dispute settlement
Eighteen provisions covering a broad range of issues impacting digital trade:
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The Trans-Pacific Partnership as Benchmark Does it represent the emerging consensus?
TiSA commitments and e-commerce annex seem likely to
closely resemble that which we have seen in the TPP given the
leadership role taken up by the U.S. and the presence of many
TPP parties in these talks.
TTIP is also likely to resemble the TPP outcomes but with more
stringent rules on privacy/data protection.
RCEP is likely to be where the lines of any international
consensus are likely to be the most hotly contested, given the
presence of both China and India in these negotiations.
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Speaker:
James Lockett BA, J.D., LL.M. Vice President Trade Facilitation and Market Access Huawei Technologies Co. Ltd. Shenzhen, P.R. China Tel: +86.755.2835.6801 Mobile: +86.186.8872.4230 Twitter: @jameslockett1 E-Mail: [email protected]
The views expressed in this presentation are personal to the speaker, and do
not reflect the views of Huawei Technologies Co., Ltd ., or any other entity.
Copyright©2011 Huawei Technologies Co., Ltd. All Rights Reserved.
The information in this document may contain predictive statements including, without limitation, statements
regarding the future financial and operating results, future product portfolio, new technology, etc. There are a
number of factors that could cause actual results and developments to differ materially from those expressed or
implied in the predictive statements. Therefore, such information is provided for reference purpose only and
constitutes neither an offer nor an acceptance. Huawei may change the information at any time without notice.
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